MPC Meet: RBI maintains 'status quo' on repo rate; retains inflation, GDP forecast
RBI Governor Shaktikanta Das says MPC is committed to ensuring price stability, which results in a period of sustained growth
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Soon, you can deposit cash using UPI at ATMs: RBI
RBI also allows UPI access for prepaid payment instruments via third-party applications
MPC Meet: After strong Q2 growth, RBI ups FY24 GDP estimate to 7%
Shaktikanta Das says the October-December quarter growth now seen at 6.5% up from 6% predicted earlier
Despite uncertainty, RBI's inflation target is 4%, not 2 to 6%: Shaktikanta Das
RBI Governor says MPC kept policy repo rate unchanged at 6.5% considering the total hike of 250 bps is still working through economy and keeping in mind inflation-growth dynamics
RBI’s MPC keeps repo rate 'unchanged' at 6.5%; inflation outlook at 5.4%
MPC maintains "status quo" on key policy rate for fourth consecutive time, with 5 of 6 MPC members voting in favour
RBI MPC meet: Brace for 'prolonged' repo rate pause at 6.5%, says SBI
Policy meeting expected to see RBI continuing with "withdrawal of accommodation" stance as inflation is unlikely to tread below 5% in the rest of FY24
RBI policy statement ‘pragmatic’, ‘cautious’; expect no rate cut till Q4: SBI
With GDP growth in FY24 set to decline from 8% in Q1 to 5.7% in Q4, the first rate cut of 25 bps is expected in Q4 FY24, says report
MPC Meet: From RuPay prepaid forex card to expanding e-RUPI scope, here are measures announced by RBI
RBI widens of scope of framework for resolution of stressed assets, streamlines BBPS processes and membership criteria, and issues guidelines on default loss guarantee arrangement in digital lending
Policy action pause by RBI a pleasant surprise: Khara
With uncertainty looming large, this decision was perfectly timed, says SBI chairman Dinesh Khara
Can India exit from ‘coordinated’ rate hikes? RBI’s April policy to decide: SBI
Between Apr 2022 till Feb 2023, the spread between the Fed funds rate and the RBI's repo rate of cumulative increases has now declined to 192 bps, which has been constant since Dec 2022.
